In an era of constrained official development assistance, increasing the representation and activity of developing country governments, regional development banks, and private actors in the blended finance market is more critical than ever.
Sub-Saharan Africa (SSA) remains the region most targeted by blended finance activity (46% of all transactions recorded in Convergence Market Data). However, to date only a small number of blended transactions targeting SSA have received concessional commitments from actors domiciled in the region.
This enhanced data brief explores how SSA public institutions have sought to build and develop their blended finance programs to date, exploring the challenges that they’ve faced and identifying opportunities for the future. This brief draws upon quantitative trends from Convergence Market Data, analyzing 96 concessional commitments from investors domiciled in SSA to blended transactions targeting SSA, in part or in full. Finally, this brief presents qualitative insights drawn from interviews conducted with key industry stakeholders.
